4 Bedroom Condo for sale at Siam Penthouse 1

(1 Review)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U72475
4% Rental Yield
4 Bedrooms
2 Bathrooms
161 SqM Size
9 Floor
Dec 1981 Completed

About This Condo

This property is a 161 SqM condo with 4 bedrooms and 2 bathrooms that is available for sale. It is part of the Siam Penthouse 1 project in Khlong Toei, Bangkok and was completed in Dec 1981. You can buy this condo for a base price of ฿14,900,000 (฿92,547/SqM) and it is also available for long term rentals starting from ฿48,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Apr 5, 2018
Updated 3 years ago
Property Type Condo
Floor 9
Bedrooms 4
Size 161 SqM
Price per SqM ฿92,547
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View, Blocked View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U72475

Price Analysis

Good Price
Estimated market value ฿15,444,612
Great
฿13,200,000
Good
Fair
Above
฿16,300,000
Current asking Price: ฿14,900,000 | Advertised rental rate: ฿48,000/mo
This condo is ฿544,612 BELOW MARKET (-4%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Rent
฿48,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Siam Penthouse 1
Developer: N/A
Construction: Completed (Dec 1981)
Floors: 10
Buildings: N/A
Units: 48
Project Area: N/A
Nearest Landmark Nana BTS - 0.4 Km
Location: Khlong Toei, Bangkok
Siam Penthouse 1 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna
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Available Units at Siam Penthouse 1

For Sale 5 For Rent 8
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Frequently Asked Questions

All kind of pets are allowed at Siam Penthouse 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Nana BTS is the nearest BTS Station from Siam Penthouse 1 and it is 0.4 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Siam Penthouse 1 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of the city, excellent location
Isla Smith, United States, 1 year ago
The project is located in a good area close to the community and surrounded by many amenities such as Central Bangna, hospitals, schools, restaurants and convenience stores. It is only 2.5 kilometers from Asok BTS station. There are also buses, motorbike taxis and taxis available in this area, making a living in Bangkok easy. The project has 4 types of rooms ranging from 1 bedroom to 4 bedroom units. The room I rented is a one-bedroom unit, spacious and fully furnished. The project also has many facilities, such as the swimming pool, the parking lot, and a 24-hour security system.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

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